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Monday, September 19, 2016

Mad Catz Interactive Sells Saitek To Logitech

San Diego-based Mad Catz Interactive has sold off its Saitek flight and space simulation game controllers to Logitech, the two said last week. The deal was worth $13M in cash. According to Logitech, the deal willcomplement its existing portfolio of Logitech G gaming products. Logitech said the deal is not considered material to its quarterly or full year financial results.